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US stocks fluctuate after earnings; dollar declines

Bloomberg US equities were mixed as investors weighed corporate earnings and news of Advanced Micro Devices Inc.’s $35 billion takeover of another chipmaker with concerns about growing virus infections. The dollar slipped. Technology shares were among the best performers after AMD said it would buy Xilinx Inc. Energy shares and financial companies dragged on the major indexes. The S&P 500 ...

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Ghana misses out on African bond rally on election concerns

Bloomberg Ghana is missing out on a rally of African bonds as investors fret about an expansion in spending and borrowing ahead of elections in December. The elevated borrowing to cover the spending shortfall has seen the country’s three-year and longer-dated local bond yields rise on the secondary market even as those of its peers on the continent are falling. ...

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UAE to amend provisions of commercial transactions law

Abu Dhabi / WAM The UAE cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday approved the issuance of a federal decree-law to amend several provisions of the Federal Law On Commercial Transactions. The amendments include changing certain provision covering bounced cheques and the ...

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